Federal Reserve Leaves Rates Unchanged, As Expected
Gary Pzegeo, CFA May 03, 2017
The FOMC elected to keep policy rates unchanged at its May 3rd meeting and their press release gave no indication that the Committee disagreed with current market expectations for another increase in June. The Fed acknowledged weakness in first quarter data, but appears to expect it to be a temporary condition.
Following is a summary of the FOMC’s statement.
After Healthcare Reform Failure, What’s Next for Tax Policy?
Dave Donabedian, CFA April 20, 2017
A summary of our Q2 Tax Policy and Investment Outlook Webinar.
Aligning Philanthropic Vision with Your Mission and Values
Judy Saxe, AEP®, CAP® April 11, 2017
Earlier this month, we were pleased to introduce our three-part video series about strategic philanthropy. In Part I, we learned what it means to be strategic and how to begin to engage in the process. Then, in Part II, we explored some of the most common methods of giving and examined some of the things that can sometimes go wrong during a giving campaign.
In Part III, our series concludes...
What Is Artificial Intelligence and Why Should Investors Care?
Jigar Patel, CFA March 30, 2017
We believe artificial intelligence is one of the most exciting and transformative opportunities on the horizon. The foundation of computing was built upon the idea of people instructing a computer regarding the processes it should perform.
Honoring National Women's History Month, Celebrating Legacy
Linda Beerman March 23, 2017
Truly celebrating the history of women means recognizing that the contributions of the women of our country in building this nation were as important, if not as widely retold, as the contributions of our national forefathers. Moreover, understanding those contributions can be a powerful inspiration to all women today in continuing to build and strengthen our own communities.
Family Wealth Report Recognizes CIBC Atlantic Trust with Private Client Investment Platform Award
Eric Propper, CFA March 17, 2017
Kishore Setty, Paulina Mejia, Kyle Edmonds, and I attended the fourth annual Family Wealth Report (FWR) awards ceremony in New York on March 2 and proudly accepted the Private Client Investment Platform award on behalf of CIBC Atlantic Trust and our investment Team.
This is the third consecutive year that CIBC Atlantic Trust has been recognized by FWR, a leading trade publication covering...
Federal Reserve Raises Short-Term Rates By 0.25%
Gary Pzegeo, CFA March 15, 2017
The FOMC voted to increase the target range for Federal Funds to 0.75% - 1.00%. Fed officials had indicated a willingness to move at the March meeting and market odds of a hike were at 100% leading up to today.
6 Signs 2017 Is the Year to Monetize Your Hobby
Duncan Edwards, CFP® March 15, 2017
Taking the leap from working at your hobby when it fits into your schedule to making money from that hobby is a significant commitment. However, if you have always wondered if your passion project could actually be lucrative, now may be the time to find out.
Unpacking Your Strategic Philanthropy Toolbox
Judy Saxe, AEP®, CAP® March 13, 2017
Earlier this month, we were pleased to introduce the first episode in our three-part video series about strategic philanthropy. In Part I, we learned about what it means to be strategic and how to begin to engage in the process.
Our series now continues with Part II, in which we will explore some of the most common ways to give and discuss which ones can be more strategic than others. We...
CIBC Atlantic Trust Receives National Recognition at Private Asset Management Awards
Eric Propper, CFA March 09, 2017
My colleagues and I were pleased to accept two awards from Private Asset Management (PAM) magazine on February 13 at their annual ceremony in New York:
Taking Advantage of Delaware’s Laws on Directed Trusts
Kent Nossaman March 08, 2017
Delaware has had some significant firsts. For instance, it was the first state to ratify the U.S. Constitution1 and was one of the first and only states not to impose sales tax2. But the firsts didn’t stop there. In 1986, Delaware was the first state to enact a directed trusts decree3. The statute authorizes trustees to take investment direction from investment advisers as defined and provided...
Getting Started Down the Path to Strategic Philanthropy
Judy Saxe, AEP®, CAP® March 06, 2017
At CIBC Atlantic Trust Private Wealth Management, we are focused on helping our clients not only manage and preserve financial wealth, but also to engage in family legacy planning to determine the purpose of that wealth and the values, goals and history that should be shared across the generations.
For many individuals and families, philanthropy is a key component of legacy planning. There...
Faith. Family. Friends. How a Family's Values Come to Life
Linda Beerman March 01, 2017
While working with our client families, we have learned that families who are successful at transferring wealth to the next generations adhere to our G2G Impact 3 Principles: they integrate their family wealth planning, they evolve a healthy culture around wealth and they develop the rising generation family members.
Bigger Things Might Come in Smaller Packages
Bryan Reilly February 28, 2017
The outlook for small-cap stocks is the most promising it has been in a decade. According to U.S. News & World Report, “Some economists point to small caps as a barometer for the overall health of the U.S. economy. The leadership in this sector is seen as an encouraging sign for the market overall.”
What’s the Deal with Private Equity? Understanding Private Equity Returns
Dan Criscuolo February 23, 2017
For some investors, private equity (PE) may be a bit of a mystery. Their only exposure might be a story in The Wall Street Journal, likely titled, “Is this the end of private equity?” While it seems that this article comes out every year, the asset class has been generating attractive long-term performance over multiple investment cycles, and we believe performance will be attractive for years...